The earnings call highlighted significant positive developments, including strong revenue growth, an impressive contract backlog, and operational improvements. The introduction of new business models and technological advancements further position ITM Power Plc for future success. However, challenges remain with legacy contracts and market slowdowns in the U.S. Despite these challenges, the overall sentiment of the call leans towards a positive outlook, supported by a robust financial position and strategic initiatives.

Company Guidance -

Q2 2026

During the call, ITM Power Plc provided extensive guidance and updates on their performance and strategic outlook. The company reported a revenue increase of 50% year-on-year, reaching GBP 26 million, with significant contributions from equipment sales and other services. Their contract backlog has doubled to GBP 145.1 million, signaling robust future prospects. ITM emphasized operational excellence with a Factory Acceptance Test pass rate improvement from below 50% to 99%, underscoring advancements in quality and efficiency. They also highlighted a strong financial position with GBP 207 million in cash as of April 2025. Looking ahead, ITM expects a further 50% revenue growth in the fiscal year ending April 2026, targeting between GBP 35 million and GBP 40 million, and aims to reduce their adjusted EBITDA loss to GBP 27 million to GBP 29 million. The presentation emphasized ITM's commitment to disciplined capital management, continued innovation with the development of their next-generation stack platform, CHRONOS, and the strategic launch of Hydropulse, a new business model aimed at expanding market reach and profitability.

Record Revenue Growth

ITM Power Plc reported a 50% year-on-year increase in revenue, reaching GBP 26 million, significantly ahead of their original guidance of GBP 18 million to GBP 22 million.

Strong Contract Backlog

The company's contract order backlog reached GBP 145.1 million, doubling from the previous fiscal year, indicating strong future revenue potential.

Operational Excellence

Factory Acceptance Test pass rate improved from under 50% to 99%, demonstrating significant improvements in product quality and reliability.

Successful Launch of New Business Model

The introduction of Hydropulse, a build, own, operate business model, was met with excitement, aiming to provide zero CapEx and zero risk solutions to customers.

Technological Advancements

The next-generation stack platform, CHRONOS, promises larger capacity, lower cost, and higher performance, with significant improvements in power density and reduced part count.

Positive Financial Position

ITM Power Plc ended the fiscal year with a cash position of GBP 207 million, significantly ahead of their original guidance.

ITM Power (GB:ITM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:ITM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 04, 2026	2026 (Q2)	>-0.01 / -	-0.047	―	―	―
Aug 14, 2025	2025 (Q4)	-0.03 / -0.03	-0.015	-80.00% (-0.01)	―	―
Jan 30, 2025	2025 (Q2)	-0.03 / -0.05	-0.03	-56.67% (-0.02)	―	―
Aug 15, 2024	2024 (Q4)	-0.01 / -0.01	-0.072	79.17% (+0.06)	―	―
Jan 31, 2024	2024 (Q2)	-0.03 / -0.03	-0.092	67.39% (+0.06)	―	―
Aug 17, 2023	2023 (Q4)	-0.08 / -0.07	-0.053	-35.85% (-0.02)	―	―
Jan 31, 2023	2023 (Q2)	- / -0.09	-0.028	-228.57% (-0.06)	―	―
Sep 14, 2022	2022 (Q4)	-0.05 / -0.05	-0.011	-381.82% (-0.04)	―	―
Jan 27, 2022	2022 (Q2)	- / -0.03	-0.025	-12.00% (>-0.01)	―	―
Sep 13, 2021	2021 (Q4)	>-0.01 / -0.01	-0.042	73.81% (+0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:ITM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 14, 2025	67.70p	73.80p	+9.01%
Jan 30, 2025	35.04p	35.54p	+1.43%
Aug 15, 2024	58.15p	54.45p	-6.36%
Jan 31, 2024	47.89p	59.60p	+24.45%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does ITM Power PLC (GB:ITM) report earnings?

ITM Power PLC (GB:ITM) is schdueled to report earning on Feb 04, 2026, Before Open (Confirmed).

What is ITM Power PLC (GB:ITM) earnings time?

ITM Power PLC (GB:ITM) earnings time is at Feb 04, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of ITM Power PLC stock?

The P/E ratio of ITM Power is N/A.

What is GB:ITM EPS forecast?

GB:ITM EPS forecast for the fiscal quarter 2026 (Q2) is >-0.01.

Become an Expert with TipRanks Premium

What am I Missing?

Make informed decisions based on Top Analysts' activity

Know what industry insiders are buying

Get actionable alerts from top Wall Street Analysts

Find out before anyone else which stock is going to shoot up

Get powerful stock screeners & detailed portfolio analysis

Subscribe Now See Plans & Pricing